In January-September 2018, Armenia`s deflation recorded a deflation of 0.8% with an annual inflation of 2.6%

ArmInfo. In September 2018, inflation at 0.3% was recorded in the consumer market of Armenia, which due to the rise in price of food and non-food products by 1.1%
and 0.4%, respectively, with a decrease in tariffs for services by
0.6%. In the capital, consumer prices rose in September by 0.7%.

In January-September 2018, a deflation of 0.8% caused a drop in the
price of food products by 3%, while non-food prices rose by 1.4% and
tariffs on services increased by 0.7%. As reported by ArmInfo in the
RA Committee, the average monthly decline in consumer prices in
January- September 2018 was 0.1%, against a decline of 0.2% a year
earlier. In January-September 2018 compared with January-September
2017, inflation was recorded at a consumption of 2.6% due to the rise
in prices for food products by 2.6%, non-food products - by 4.8% and
increase in tariffs for services by 1.3% . In September 2018,
compared with September 2017, a similar picture was observed: 3.5%
inflation on consumer demand was provoked by food prices that rose by
5.3%, non-food prices - by 3.9%, and service tariffs increased by
0.7%. It should be noted that inflation in Armenia in September 2017
was recorded at 0.2% due to the rise in prices non-food products by
1.3%, while tariffs for services decreased by 0.4% and food prices
remained unchanged. In the capital, consumer prices rose in September
2017 by 0.4%. In January-September 2017, a deflation of 1.7% was due
to the reduction in the price of food products by 2.9% and non-food
products by 0.8%, while tariffs for services decreased by 0.6%. The
average monthly decline in consumer prices in January-September 2017
was 0.2%, against a decline of 0.4% a year earlier. In
January-September 2017 compared with January-September 2016,
inflation was 0.6% due to the rise in price of food products by 3.8%,
while non-food products became cheaper by 2.6% and tariffs for
services decreased by 1.4%. In September 2017 compared to September
2016, 1% inflation in the consumer market was provoked by 3% more
expensive food products, while non-food products became cheaper by
0.7% and service tariffs decreased by 0.5%.